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Georgian government decides to build gas storage

Oil&Gas Materials 20 April 2009 15:15 (UTC +04:00)

Georgia, Tbilisi, April 20 / Trend , N.Kirtzkhalia/

The Georgian government passed a principal decision to construct gas storage in the country. It is planned to build this in Ninotsminda where the Georgian gas is produced.

According to preliminary data, the project work will finish within 9 months. Construction will take two more months.

Volume of investment and source of finance is still unknown. However, the capacity of the gas storage plan will be 400 million cubic meters of gas and it can supply the country within two months.

The Millennium Challenge Fund (U.S.) intends to finance construction of the gas storage.

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